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U.S. Dollar Lower Against Euro, Pound
The U.S. dollar dropped against the euro and the pound in the New York session on Tuesday, as investors assessed the potential impact of new tariffs imposed by the Trump administration on steel and aluminum imports.
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vor 212 Tagen
Powell Reiterates Fed Doesn't 'Need To Be In A Hurry' To Lower Interest Rates
Federal Reserve Chair Jerome Powell delivered his semiannual monetary policy testimony before the Senate Banking Committee on Tuesday, reiterating his belief that the central bank does "not need to be in a hurry" to adjust its policy stance.
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vor 212 Tagen
BP Slips To RC Loss In Q4, Warns On Weak Production; Plans To Reset Strategy
British energy major BP Plc. reported Tuesday a replacement cost or RC loss in its fourth quarter, compared to prior year's profit, amid weak revenues. The company also warned on sequentially lower upstream production in its first quarter, and weak production in fiscal 2025.
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vor 212 Tagen
BoE's Mann Says Loosening Labor Market Will Restrain Price & Wage Growth
A further loosening of the UK labor market will restrain the growth in wages and prevent second-round effects from setting in, even if the near-term inflation expectations increase, Bank of England policymaker Catherine Mann said Tuesday. In a speech, Mann said the current and likely continued weak demand conditions will lead to a further loosening of the labor market.
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vor 212 Tagen
Bay Street Likely To Open On Flat To Negative Note
Canadian shares are likely to open on a flat to negative note Tuesday morning with investors assessing the potential impact of new tariffs imposed by the Trump administration on steel and aluminum imports.
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vor 212 Tagen
FTSE Up Slightly In Cautious Trade; Entain Tanks 10%
After opening higher, U.K. stocks have turned a bit subdued in late morning trades on Monday as investors continue to asses Trump administration's tariff moves and how they could reshape international trade dynamics.
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vor 212 Tagen
CAC 40 Up Marginally In Cautious Trade
After opening slightly higher and holding in positive territory for more than an hour Tuesday morning, French stocks pared gains and are mostly subdued now as investors make cautious moves, assessing the likely impact of the Trump administration's new tariff moves.
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vor 212 Tagen
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Sensex, Nifty Extend Losses For Fifth Day On Trade War Fears
Indian shares tumbled on Tuesday after U.S. President Donald Trump imposed 25 percent tariffs on all U.S. imports of steel and aluminum, stoking fears of a trade war and potential inflation.
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vor 212 Tagen
DAX Down Slightly As Investors Assess Trump's Tariff Moves
German stocks are up marginally Tuesday morning, edging up a bit after a slightly weak start, with investors reacting U.S. President Donald Trump's tariff announcement on metals and awaiting the congressional testimony from Federal Reserve Chair Jerome Powell.
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vor 212 Tagen
European Shares Flat To Higher As Investor Await Powell's Testimony
European stocks were flat to marginally higher on Tuesday, with U.S. President Donald Trump's tariff announcement on metals and an upcoming semi-annual monetary policy testimony from Federal Reserve Chair Jerome Powell in focus.
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vor 212 Tagen
Asian Shares Mixed In Cautious Trade
Asian stocks ended mixed in thin trade on Tuesday, with Japanese markets closed for a public holiday.
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vor 212 Tagen
NZ Dollar Falls As Trump's Import Tariff Threat Looms
The New Zealand weakened against other major currencies in the Asian session on Tuesday, as traders remain cautious amid raising fears of a brewing global trade war and its potential impact on the global economy. China's retaliatory tariffs on U.S. goods are also set to take effect later in the day.
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vor 212 Tagen
NZ Dollar Falls Against Majors
The New Zealand weakened against other major currencies in the Asian session on Tuesday.
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vor 212 Tagen
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